Muhammad Owais
Karachi,PB
Summary
CA & ACCA FINALIST, IFA, AIPA
As an experienced Audit Senior, I've mastered the art of turning complex financial data into clear, actionable insights. With nearly five years in the field, I've led diverse audit teams, honed my skills in data analytics, financial reporting, and risk assessment, and have a knack for mentoring junior staff. I'm also passionate about integrating creativity into problem-solving, using innovative approaches to drive accuracy and compliance in every audit
Overview
6
6
years of professional experience
Work History
AUDIT SENIOR - II
EY RAPID INNOVATION (MENA)
01.2023 - Current
- Responsible for leading audit teams in delivering comprehensive financial audits, ensuring strict adherence to international standards and regulatory requirements. Key duties include preparing financial statements at both individual entity and group levels according to IFRS, planning and executing audit strategies, conducting thorough risk assessments, and providing critical insights to clients. Additionally, the role involves mentoring junior auditors and fostering a culture of excellence and accuracy across various industries, leveraging expertise in financial analysis and reporting to drive successful audit outcomes.
AUDIT SENIOR
YOUSUF ADIL & CO ( ICF to DELOITTE)
08.2022 - 12.2022
- Served as an Audit Senior, where the primary responsibilities included planning and executing audit engagements for a diverse portfolio of clients across various industries. Led audit teams, conducted detailed risk assessments, and ensured compliance with local laws and International Standards on Auditing (ISA). Prepared and reviewed financial statements in accordance with IFRS, provided recommendations for process improvements, and collaborated closely with clients to address complex accounting and compliance issues. Additionally, contributed to the professional development of junior team members through training and mentorship.
SENIOR ASSOCIATE TRAINEE
REANDA HAROON ZAKARIA & CO
01.2020 - 07.2022
Key responsibilities involved assisting in audit engagements by performing detailed financial analyses and preparing audit documentation. Played a crucial role in supporting audit teams with the preparation of financial statements in compliance with IFRS and local regulations. Actively participated in risk assessments, client consultations, and the identification of audit issues, while also contributing to the planning and execution of audit procedures. Additionally, developed foundational skills in audit software and tools, and provided assistance to senior auditors in managing client expectations and meeting project deadlines and took on leadership responsibilities in mentoring junior.
ASSOCIATE TRAINEE
REANDA HAROON ZAKARIA & CO
08.2019 - 12.2019
- Assisted in audit engagements, ensuring compliance with ISA and local regulations
- Supported the preparation and review of financial statements according to IFRS
- Conducted preliminary risk assessments and contributed to audit planning
- Provided support in client communications and the resolution of audit issues
- Assisted senior auditors with audit documentation and process improvements
AUDIT ASSOCIATE
REANDA HAROON ZAKARIA & CO
10.2018 - 07.2019
- The role involves conducting detailed audits of financial statements, operations, and compliance processes. This includes reviewing and analyzing financial records to identify discrepancies and areas for improvement, and documenting findings in comprehensive reports. Effective communication with clients is essential to gather necessary information, address queries, and convey audit insights. Ensuring adherence to regulatory requirements and internal policies, assessing and mitigating risks, and collaborating with senior auditors and team members are also key responsibilities.
Education
Association of Chartered Certified Accountant -
ACCA - UK FINALIST
ICAP -
CHARTERED ACCOUNTANT (FINALIST)
Membership -
Institute of Public Accountant (AUS) - AIPA
2023
Membership -
Institute of Financial Accountant (UK)- IFA
2023
University Of Karachi -
Bachelors of Commerce
2015
Skills
Core Skills:
- Communication
- Time Management
- Problem Solver
- Decision Maker
- Self-Motivated
Organizational Skills:
- Can handle and make Financial Statements in compliance with local laws and IFRS
- Proficient in Microsoft Office (MS Excel, MS Word and MS Power Point)
- Proficient in using CANVAS, CASEWEAR & CCH Software
- Proficient in Financial statement analysis and data analytics
- Well versed with ISA, audit methodologies, IFRs and financial reporting
- Involved in planning and risk assessment of listed entities
- Risk Assessment Analysis
- Cash Flow Management
- Project management experience
- Financial Advisory Services
Work Profile
- Efficiently involved in overall planning of audit, conducting initial planning meetings with clients to understand and develop expectations and designing audit strategies in consultation with the Engagement Manager and Partner after assessing the underlying audit risk in the light of the assessment of the client's overall control environment.
- Obtaining a thorough understanding of the nature of the client's business including the related business processes and testing of relevant controls.
- Evaluation of internal control system and providing appropriate recommendations to the management.
- Performing audit as per International Standards on Auditing (ISA) while complying with the requirements of International Financial Reporting Standards (IFRS), local corporate laws and directives issued by regulatory authorities.
- Coordination with client on daily basis and providing advice about the accounting and compliance related technical matters. Being an Audit Senior, I have been engaged in a number of first year audit, annual statutory audits, half yearly reviews, and other engagements. Following are the major clients that have contributed to my professional growth.
Accomplishments
- SHUKRAN Star Award: Recognized by EY Rapid for outstanding performance in building a better working world across business, client, and society.
- Leadership in Complex Engagements: Successfully led complex audit engagements, including group reporting, managing teams of 3 to 5 members after just two years of joining.
Achievements & Training
- Achieved SHUKRAN Star Award from EY Rapid for the outstanding performance in building a better working world (Business, Client, Society)
- Received communication and skills course certificate organized by ICAP
- Lead complex engagements along with group reporting comprising of 3 to 5 members after 2 years of joining
- Attended various workshop related to CANVAS, CASEWEAR and CCH Software
- Attended various in-house workshops conducted by EY (MENA), YOUSUF ADIL & Co (ICF to Deloitte) and REANDA
Additional Information
TRAINING & WORKSHOPS
- Completed communication and skills course organized by ICAP.
- Attended multiple workshops on CANVAS, CASEWEAR, and CCH Software.
- Participated in various in-house workshops conducted by EY (MENA), Yousuf Adil & Co (ICF to Deloitte), and Reanda Haroon Zakaria & Co.
CLIENT PORTFOLIO BY INDUSTRY
1. RIYADH CLIENTS (KSA):
Financial Sector Wise
- ANB Capital Fund
- HSBC Capital Fund
Other Manufacturing / Electronic:
- Signify Saudi Arabia Group
- Abana Enterprise Private Limited
2. DUBAI CLIENTS (UAE):
Schools & Education
- Gems United Indian school LLC
Other Manufacturing Services
- Gems OOECHS
- NAFFCO Group
- Calhoub Group
- Tetra Pak Export Zone
3. PAKISTANI CLIENTS:
Manufacturing Sector
- Al Abbas Sugar Mills Limited
- Shujabad Agro Industries Pvt Ltd
- Ahmed Oil & Ghee Industries Pvt Ltd
- National Petro carbon (Pvt) Ltd
- Pakitex Boards (Private) Limited
- Metropolitan Steel Corporation Limited
Brokerage & Other Services
- GMI Capital Services (Pvt) Ltd
- H.M. Idrees H.Adam (Pvt) Ltd
- B&B Securities Pvt Ltd
- Dawood Equities Limited
Information Technology
- Wemsol Private Limited
Textile Composite
- Star Denim Pvt Ltd
Certifications
- Shipco Transport Pakistan (Private)
- Limited (Certificate on Remittances)
Real-Estate Development
- Javedan Corporation Limited
Others
- Bahria Foundation
- Safco Foundation
- Qasim Freight Station
- Seaboards Logistics
- EA Consulting Pvt Ltd
- Popular Islamic Modaraba
Steel Industries
- Agha Steel Industries Limited
Hospital
- South City Hospital
Financial Sector
- First Dawood Investment Bank
- MUFG Bank Ltd. Pakistan Liaison Office
Languages
English
Advanced
C1
Urdu
Proficient
C2
Timeline
AUDIT SENIOR - II
EY RAPID INNOVATION (MENA)
01.2023 - Current
AUDIT SENIOR
YOUSUF ADIL & CO ( ICF to DELOITTE)
08.2022 - 12.2022
SENIOR ASSOCIATE TRAINEE
REANDA HAROON ZAKARIA & CO
01.2020 - 07.2022
ASSOCIATE TRAINEE
REANDA HAROON ZAKARIA & CO
08.2019 - 12.2019
AUDIT ASSOCIATE
REANDA HAROON ZAKARIA & CO
10.2018 - 07.2019
Association of Chartered Certified Accountant -
ACCA - UK FINALIST
ICAP -
CHARTERED ACCOUNTANT (FINALIST)
Membership -
Institute of Public Accountant (AUS) - AIPA
Membership -
Institute of Financial Accountant (UK)- IFA
University Of Karachi -
Bachelors of Commerce
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